CAP Partners LLC Has $12.22 Million Stock Holdings in Invesco NASDAQ 100 ETF $QQQM

CAP Partners LLC grew its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 5.1% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 53,796 shares of the company’s stock after acquiring an additional 2,621 shares during the quarter. Invesco NASDAQ 100 ETF accounts for about 7.7% of CAP Partners LLC’s investment portfolio, making the stock its largest holding. CAP Partners LLC’s holdings in Invesco NASDAQ 100 ETF were worth $12,217,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Uptick Partners LLC raised its position in Invesco NASDAQ 100 ETF by 1.4% in the 2nd quarter. Uptick Partners LLC now owns 3,869 shares of the company’s stock valued at $879,000 after buying an additional 52 shares during the last quarter. Opulen Financial Group LLC boosted its position in Invesco NASDAQ 100 ETF by 1.3% during the 1st quarter. Opulen Financial Group LLC now owns 4,777 shares of the company’s stock worth $922,000 after acquiring an additional 59 shares during the last quarter. Compass Advisory Group LLC boosted its position in Invesco NASDAQ 100 ETF by 1.3% during the 1st quarter. Compass Advisory Group LLC now owns 4,800 shares of the company’s stock worth $927,000 after acquiring an additional 60 shares during the last quarter. Purus Wealth Management LLC boosted its position in Invesco NASDAQ 100 ETF by 0.4% during the 1st quarter. Purus Wealth Management LLC now owns 13,618 shares of the company’s stock worth $2,629,000 after acquiring an additional 61 shares during the last quarter. Finally, Pettyjohn Wood & White Inc. boosted its position in Invesco NASDAQ 100 ETF by 3.3% during the 1st quarter. Pettyjohn Wood & White Inc. now owns 2,050 shares of the company’s stock worth $396,000 after acquiring an additional 65 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Up 0.9%

NASDAQ:QQQM opened at $251.39 on Friday. Invesco NASDAQ 100 ETF has a twelve month low of $165.72 and a twelve month high of $252.42. The business has a 50 day moving average price of $242.81 and a two-hundred day moving average price of $224.31. The company has a market cap of $65.09 billion, a P/E ratio of 31.95 and a beta of 1.18.

Invesco NASDAQ 100 ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 26th. Shareholders of record on Monday, September 22nd were given a dividend of $0.3025 per share. The ex-dividend date of this dividend was Monday, September 22nd. This represents a $1.21 dividend on an annualized basis and a yield of 0.5%.

About Invesco NASDAQ 100 ETF

The Invesco NASDAQ 100 ETF (QQQM) is an exchange-traded fund that is based on the NASDAQ-100 index. The fund is passively managed to track a modified-market-cap weighted narrow index of 100 NASDAQ-listed stocks, excluding financials. QQQM was launched on Oct 13, 2020 and is managed by Invesco.